Blow Against Crypto Scammers

Blow Against Crypto Scammers

An international gang may have harmed hundreds of thousands of investors with bogus crypto deals. The Spanish police have broken up the fraud ring after several years of investigations. After the collapse of the crypto exchange FTX, the industry has to cope with another depressing news. The Spanish police, in cooperation with the authorities in Germany and…

Apparently, more than a billion dollars disappeared

Apparently, more than a billion dollars disappeared

The insolvent crypto exchange FTX has apparently lost more than a billion dollars in customer funds. The company speaks of “unauthorized transactions” – the media suspect a hacker attack. Crypto exchange FTX is struggling after filing for bankruptcy with mysterious outflows of money after filing for bankruptcy. There were “unauthorized transactions,” said the legal counsel of FTX’s…

Crypto exchange FTX is insolvent

Crypto exchange FTX is insolvent

The troubles of FTX, a major digital currency trading platform, are causing turmoil across the industry. After failed rescue attempts, the crypto exchange is now insolvent. CEO Bankman-Fried resigns. After the bad news about FTX Digital Markets didn’t stop, the crypto exchange is now officially insolvent. After failed rescue attempts, the group applied for bankruptcy protection in the…

Crypto exchange FTX before settlement

Crypto exchange FTX before settlement

The troubles of FTX, a major digital currency trading platform, are causing turmoil across the industry. FTX is now on the brink of bankruptcy, with many customers worried about their money. The bad news about the ailing crypto exchange FTX does not stop. The Bahamian securities regulator announced on Thursday (local time) that it had frozen…

Iran wants to pay for imports with cryptocurrency

Iran wants to pay for imports with cryptocurrency

United States sanctions have weighed heavily on the Iranian economy for years. In order to circumvent them, the Islamic Republic now wants to carry out an import transaction with a cryptocurrency for the first time. Iran placed its first cryptocurrency import order this week, officials said. This is reported by the semi-official agency Tasnim. The order is…

El Salvador’s bursting bitcoin bubble

El Salvador’s bursting bitcoin bubble

A year after the introduction of Bitcoin as a means of payment, hardly anyone in El Salvador uses cryptocurrency. Instead, the country’s problems have worsened, and “startup president” Bukele is governing unpredictably. Mónica Díaz cannot remember the last time a customer paid with Bitcoin. In her electronics shop in San Salvador, she accepts the cryptocurrency –…